5 Economic Incentive Reforms via TPPF

TPPF’s recommendations for economic development legisaltion in 2015, includes:

Require local governments to create an economic development policy that clearly lays out the incentives that its governing body is willing to offer busi- ness prospects as part of its economic development negotiations.
Allow a public comment and review period for all economic development agreements before the final vote on passage; at least two weeks after agree- ment is reached.
Require that local governments maintain active economic development agreements on the entity’s website that are accessible to all.
Consider restricting or repealing Section 551.087 of the Texas Open Meet- ings Act.

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